---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-007683"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:01:27.531639+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Wytec issues $94,300 promissory note to 1800 Diagonal Lending, net proceeds $82k

## Summary
- Note issued Oct 15, 2025; principal $94,300, includes $12,300 original issue discount, net purchase price $82,000.
- One-time 12% interest charge of $11,316; maturity Aug 15, 2026 with installment payments starting Apr 15, 2026.
- Upon default, note converts to common stock at 65% of lowest trading price in prior 10 trading days.
- Company has ~16.996M shares outstanding; note contains 4.99% beneficial ownership cap on conversion.
- SPA references potential additional tranches up to $1,625,000 subject to future agreement.

## SEC filing metadata
- accession: 0001683168-25-007683
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/0001683168-25-007683-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-007683
- JSON: https://secwatch.observer/filing/0001683168-25-007683.json
- Plain text: https://secwatch.observer/filing/0001683168-25-007683.txt

## Key facts
- Debt Financings
  WYTEC INTERNATIONAL INC incurred loan of $94,300 with 1800 Diagonal Lending LLC at 12% maturing August 15, 2026.
  - Instrument: loan
  - Principal: $94,300
  - Counterparty: 1800 Diagonal Lending LLC
  - Rate: 12%
  - Maturity: August 15, 2026
  - Event: incurrence
  source text: Wytec International, Inc., a Nevada corporation (“Wytec”), entered into a securities purchase agreement (the “SPA”) with 1800 Diagonal Lending LLC, a Virginia limited liability company (“1800 Diagonal”), which closed on October 15, 2025, pursuant to which Wytec sold 1800 Diagonal a promissory note in the principal amount of $94,300 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560143/000168316825007683/0001683168-25-007683-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.